Shareholders as of 29 February 2020

Flagging announcements

Major shareholders from beneficial ownership

As of 31 December 2019

Shareholder % of total No. of shares
Government of Norway 54,7% 778 425 458
Folketrygdfondet 5,1% 73 022 492
BlackRock 1,8% 26 272 925
The Vanguard Group 1,6% 22 641 176
DWS 1,4% 20 553 263
Storebrand Kapitalforvaltning 1,1% 15 398 958
JPMorgan Asset Management 1,0% 14 907 888
KLP Forsikring 0,9% 13 327 753
Lazard Asset management 0,9% 12 442 367
DNB Asset Management 0,9% 12 156 460
Aberdeen Standard Investments 0,8% 10 694 608
SAFE Investment 0,7% 10 219 167
State Street 0,7% 9 256 275
Danske Capital 0,6% 8 669 330
Pyrford International 0,5% 7 760 959
BlackRock Advisors 0,5% 7 693 579
Schroder Investment Management Ltd 0,5% 7 281 418
APG Asset management 0,5% 7 046 520
Fidelity International 0,5% 7 039 719
Acadian Asset Management LLC 0,5% 6 754 609
Total 20 largest 75,32 % 1 071 564 924
Others 24,68 % 374 011 732
Total shares 100 % 1 442 458 032

The data is provided by Nasdaq Advisory Services and is obtained through an analysis of beneficial ownership and fund manager information provided in replies to disclosure of ownership notices issued to all custodians on the Telenor VPS share register. Every reasonable effort has been made to verify the data, however neither Telenor nor Nasdaq Advisory Services can guarantee the accuracy of the analysis.

Major shareholders from shareholder register

As of 29 February 2020

Shareholder % of total No of shares
Government of Norway 54,0 778 425 458 NOR
Folketrygdfondet 5,1 73 272 147 SWE
State Street Bank NOM 2,2 32 375 427 USA
State Street Bank NOM 1,4 20 325 480 USA
TELENOR ASA 1,4 19 794 961 NOR
Clearstream banking NOM 1,3 18 289 957 LUX
JPMorgan Chase Bank NOM 1,0 14 438 218 USA
JPMorgan Chase Bank NOM 1,0 14 104 565 UK
State Street Bank NOM 0,9 12 713 885 USA
State Street Bank NOM 0,8 11 939 828 USA
State Street Bank NOM 0,7 10 314 896 USA
Euroclear Bank NOM 0,7 10 039 503 BEL
The Northern Trust NOM 0,5 7 838 968 UK
KLP 0,5 7 282 470 NOR
JPMorgan Chase Bank NOM 0,5 7 182 886 UK
State Street Bank NOM 0,5 6 685 216 USA
VERDIPAPIRFONDET DNB NORGE 0,5 6 659 863 NOR
Storebrand Norge 0,4 5 669 983 UK
DANSKE INVEST NORSKE INSTIT. II. 0,4 5 602 678 NOR
The Bank of New York Mellon NOM 0,4 5 489 911 USA
Total 20 largest 74,07 1 068 446 300
Others 25,93 374 011 732
Total shares 100 1 442 458 032